Suretank is creating 80 new jobs in Louth by year-end 2025. The brand new jobs come on the again of an formidable diversification technique and can assist the Louth firm to succeed in revenues of €75M by year-end 2025 – up from €50M in 2024.
From its personal services, Suretank custom-designs, engineers, manufactures and ships modular and tank options for its extremely regulated and sustainability-conscious international buyer base.
In 2016, 90% of Suretank’s prospects operated within the offshore oil and fuel {industry}. Since then, spurred by a world crash in oil and fuel costs and utilising its core engineering competencies and experience, Suretank has diversified its operations. It’s now servicing a wider pool of industries, with prospects working in offshore wind and different renewables, knowledge centres, pharma, recycling and electrical energy grids. They span 23 international locations, throughout 5 continents.
The brand new jobs characterize a major funding from Suretank in its individuals and can convey the corporate to a staff of greater than 300. Suretank will rent within the areas of gross sales and advertising, engineering, high quality assurance, operations and finance. The expanded staff will present the sources essential to service new industries and improve capability.
The roles can be based mostly in Suretank’s Dunleer headquarters, in addition to its manufacturing services, all in Co. Louth. The services allow Suretank to construct buyer options fully offsite earlier than delivery and retrofitting them. This ensures higher well being and security requirements for purchasers and the power to fulfill essentially the most stringent certifications by constructing in managed environments.
Martin Winters, managing director, Suretank, mentioned: “This has been an thrilling time for our enterprise. We have now an extremely skilled, high-performance in-house staff that features greater than 100 engineers, welders and electricians. They’re the spine to our robust status for excellence and innovation. It’s due to their industry-leading experience that we have been ready to make sure we meet the best ranges of certification and regulation in each {industry}, wherever on the planet. In consequence, we all the time ship on our commitments and this has enabled us to scale so seamlessly into extra industries.
“Due to the success of our diversification technique, we are going to now proceed to develop our staff. Our additional funding in Louth will assist us to fulfill buyer demand, whereas additionally getting ready for the fast development in operations and revenues that lies forward.”